Property. The bubble is about to burst.

Much has been written at blogocrats about the property market and in particular, the doubling and tripling of the first home buyers grant.
Some commentators have suggested that this will only serve to artificially maintain the property price bubble, while others argue that the fiscal stimulus is necessary to buoy the fledgling economy and ultimately boost [...]

Economy XIX

(I think XIX is 19… but will stand being corrected).
Overnight, as reb has mentioned, the Dow fell by 5% to it’s lowest level in five years.
Last night I woke at 2am Manila time and could not sleep and ended up watching the US Congress sittings with the CEO of the four car manufacturers. I was [...]

Fake New York Times Online

In case you missed last week’s fake The New York Times, THE IRAQ WAR ENDS, this is an online version.
Kevin Rennie